Student loan repayment calculator

Work out how quickly you can pay off your student loan.

You need to be away from New Zealand for more than 183 days to be considered living overseas (overseas-based borrower).

Your loan balance

X.0%Interest rate

Each year you must pay $X,000

Loan term X years

Interest $X,000

Your loan will be paid off within one year if you meet your minimum repayments and interest

Your loan is over $90,000 and your repayments might not be enough to cover your interest. Your repayments will be credited to your interest first then remaining funds will go towards paying your whole student loan balance.